Why Fintechs should welcome a pragmatic approach to privacy
Karima Noren, former Head of Legal for Emerging Markets at Google and co-founder of the Privacy Compliance Hub, discusses how fintechs can tackle privacy
Protecting Information: Data Security and Privacy in the Fintech Industry | THE KARN | Part 2 |
The financial technology (fintech) industry is rapidly evolving, with new technologies and services emerging all the time. However, with this growth comes an increased need for data security and privacy. In this video, we will explore the importance of ensuring the confidentiality and integrity of financial data in the fintech industry. We will discuss the different types of data breaches that can occur, and how to prevent them. We will also examine the regulations and compliance requirements that fintech companies must adhere to, in order to protect consumer data. Additionally, we will look at the various security measures that can be implemented to safeguard financial data, including encryption, access controls, and incident response plans. Join us as we delve into the crucial topic of data security and privacy in fintech, and learn how to keep your financial information safe.
Watch the full webinar: https://youtu.be/ITLitFhD544
FinTech in India: A Study of Privacy and Security Commitments
The unprecedented growth of the fintech space in India has simultaneously come with a slew of regulatory challenges including those around privacy and security of consumer information. This video accompanies a study of privacy policies of 48 fintech companies operating in India to better understand the extent of some of these concerns.
The idea, design, and development of the video was done by Impact Science.
Substantive inputs in the video-making process were provided by Aayush Rathi, Saumyaa Naidu, Shweta Mohandas, Amber Sinha and Subashish Bhadra.
The video is available under a Creative Commons Attribution-ShareAlike 4.0 International License.
The full report is here: https://cis-india.org/internet-governance/blog/aayush-rathi-and-shweta-mohandas-april-30-2019-fintech-in-india-a-study-of-privacy-and-security-commitments
What are fintechs? | Decoding: Banks | Episode 8
It’s not just a buzzword. Fintechs have changed the landscape of financial services forever but how did they get here and what threat do they pose to traditional banks?
Watch the full series: 11fs.com/decoding
#DecodingBanks #Banking #FinancialServices
In association with Jack Henry Digital, the pioneer of personal digital banking, helping financial institutions strategically differentiate their digital offerings from megabanks, big techs, and fintechs.
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The 10 Biggest Fintech Companies In America In 2022 | Forbes
It’s turning into a sobering year for fintech. After a carnival of new unicorns and mega-funding rounds in 2021, private fintech companies are now scrambling to cut costs and stretch out the funds they have to avoid needing to raise additional money at a lower valuation (known as a “down round”). Their fear is well grounded.
Still, it’s been a heck of a ride, fueled in part by the pandemic-accelerated shift towards so much shopping and banking online. In February 2020, just before Covid-19 hit the U.S, the average valuation of America’s ten biggest private fintech companies was $9 billion, and the cutoff to make the list was $3.7 billion.
For our 2022 list, those numbers have more than tripled–to an average value of $27.7 billion and a cutoff of $12 billion. Future funding rounds will show whether these record valuations reflect an about-to-burst bubble or are, perhaps, sustainable after a pause.
Read the full story on Forbes: https://www.forbes.com/sites/isabelcontreras/2022/06/07/the-10-biggest-fintech-companies-in-america-2022/?sh=54368f6b7d08
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